Maine Property Development Project with 39 Buildable Lots
Financial Details
- Asking Price:
- $1,200,000
- Profit Metric:
- Cash Flow
- Location:
- ME, US
- Source:
- Date:
- September 18, 2025
Key Highlights
Description
This is a significant property development project located in a highly sought-after Central Maine community. The business is selling its assets due to the owner's retirement and pursuit of new opportunities. The primary asset is a residential development project, with 39 buildable, town-approved, and surveyed lots remaining for sale. Several lots have already been successfully sold. The local town is undergoing a major renovation, enhancing the neighborhood's appeal and connectivity. The demand for housing in Maine remains exceptionally strong, positioning the buyer for success. The project benefits from excellent cooperation from both the town and state authorities. This presents a prime opportunity for an investor or developer to acquire a substantial real estate asset in a growing market. The sale includes FF&E valued at $1,600, which is included in the asking price. The real estate itself is owned but not included in the asking price of $1,200,000.
Industry Information
- Industry Description:
- Building & Construction
- Classification:
- Building & Construction
Operational Snapshot
- Reason for Selling:
- Retirement and New Opportunities
Real Estate & Lease
- Status:
- Not_included
- Real Estate Price:
- $1,200,000 USD
Assets & Inventory
- FF&E Value:
- $1,600 USD
- Includes FF&E:
- Yes
Broker Contact
- Name:
- Justin Holmes
- Company:
- Transworld Business Advisors of Maine
Listing Details
- Listing ID:
- b9687fd9-166b-412d-a106-f183c1cad0e8
- Source Listing ID:
- 2414804
- Deal Status:
- For Sale
- Last Updated:
- September 18, 2025
- Currency:
- USD